Warehouse Robotics Market — Rapid Growth of the E-commerce Sector

Warehouse robotics refer to the use of robots specifically for warehouse activities such as picking, storing, packing, palletizing, transfer, and transport. Currently, warehouse robotics are increasingly being used in warehouses of different industry verticals including food & beverages, e-commerce, automotive, retail, and pharmaceutical. The global warehouse robotics market is projected to expand at a CAGR of 12.0% during the forecast period and reach value of US$ 9,579.3 Mn by 2027.
Rising number of SME’s in the industrial sector need robotic solutions to keep pace in the digital world. Hence, the global warehouse robotics market is expected to witness a boost during the forecast period. The global warehouse robotics market is likely to grow at a CAGR of 12.0% from 2019 to 2027. Additionally, the global warehouse robotics market is projected to reach an estimated value of US$9,579.3mn during the forecast period.

In terms of geography, the Asia Pacific region dominates the global warehouse robotics market last year.  It is expected to be monopolized by the Asia Pacific region in the coming years as well.

The growth can be attributed to increasing deployment of robotic solutions. On the basis of segmentation, the global warehouse robotics market is divided into food and beverages, e-commerce, chemical, automotive, plastics, and rubber, in terms of end users. Of these, the global warehouse robotics market is projected to be ruled by the e-commerce sector.

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